Forex Technical Analysis & Forecast by RoboForex

RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Japanese Candlesticks Analysis 30.09.2020 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, the asset is finishing the correction within the downtrend. By now, EURUSD has formed several reversal patterns, such as Harami, close to the channel’s upside border. Possibly, the pair may reverse and resume its decline. In this case, the downside target may be the next support level at 1.1560.



Read more -
 
All HYIPs Monitor
Advertise Here!
Best Change
Investment Offer
BitStarz Casino
Coin Payments
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Ichimoku Cloud Analysis 01.10.2020 (XAUUSD, BRENT, GBPUSD)

XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1893.00; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1905.00 and then resume moving downwards to reach 1820.00. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 1925.00. In this case, the pair may continue growing towards 1945.00. To confirm further decline, the asset must break the rising channel’s downside border and fix below 1860.00.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Japanese Candlesticks Analysis 02.10.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the rising tendency continues. By now, after testing the support area and forming several reversal patterns, such as Hammer, USDCAD is expected to reverse and get back inside the rising channel. In this case, the upside target may be at 1.3430. However, an alternative scenario implies that the instrument may fall and correct towards 1.3255.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Ichimoku Cloud Analysis 05.10.2020 (EURUSD, XAUUSD, GBPUSD)

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.1725; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1735 and then resume moving downwards to reach 1.1555. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.1795. In this case, the pair may continue growing towards 1.1885. To confirm further decline, the asset must break the cloud’s downside border and fix below 1.1635.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Fibonacci Retracements Analysis 06.10.2020 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, after a breakout of 23.6% fibo and a local convergence on MACD, the pair is correcting upwards. The structure of this movement implies the asset may reach the high at 1.2011, break it, and then continue growing towards the long-term 76.0% fibo at 1.2094. However, despite pretty stable growth, one shouldn’t exclude a possibility of another descending impulse. After completing the pullback, the pair may head 38.2%, 50.0%, and 61.8% fibo at 1.1520, 1.1368, and 1.1218 respectively.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Forex Technical Analysis & Forecast 07.10.2020

EURUSD, “Euro vs US Dollar”

After reaching 1.1800 and rebounding from it to the downside, EURUSD has reached 1.1744; right now, it is consolidating below this level. If later the price breaks this range to the downside, the market may start a new decline towards 1.1705 or even reach the target at 1.1680; if to the upside – form one more correctional structure towards 1.1766 and then resume trading downwards to reach the above-mentioned target.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Murrey Math Lines 08.10.2020 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is consolidating. In this case, the price is expected to break 4/8 and then continue falling to reach 3/8. However, this scenario may no longer be valid if the price breaks 5/8 to the upside. After that, the instrument may reverse and resume growing towards the resistance at 6/8.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Japanese Candlesticks Analysis 09.10.2020 (GOLD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the rising tendency continues. After completing the pullback and then forming a Hammer pattern, XAUUSD is reversing. The next upside target may be the resistance area at 1945.00. At the same time, an opposite scenario implies that the price may form another correction with the target at 1888.00 before resuming the uptrend.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Ichimoku Cloud Analysis 12.10.2020 (XAUUSD, BTCUSD, NZDCAD)

XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1927.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1905.00 and then resume moving upwards to reach 1975.00. Another signal in favor of further uptrend will be a rebound from the support level. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1870.00. In this case, the pair may continue falling towards 1835.00.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Fibonacci Retracements Analysis 13.10.2020 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, the ascending correctional wave has tested the long-term 61.8% fibo; right now, the divergence is competing this wave and the asset may start a new mid-term decline soon. The closest downside target will be 38.2% fibo at 1.1520. However, one should not that the instrument may yet continue growing towards the high at 1.2011 and the long-term 76.0% fibo at 1.2094.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Forex Technical Analysis & Forecast 14.10.2020

EURUSD, “Euro vs US Dollar”

After completing the descending wave at 1.1750 and then breaking this level to the downside, EURUSD has extended this structure down to 1.1730; right now, it is still consolidating below the latter level. Possibly, the pair may correct to test 1.1760 from below and then start a new decline to reach 1.1698. Later, the market may form one more ascending structure with the target at 1.1750.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Murrey Math Lines 15.10.2020 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, USDCHF is moving below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to break 3/8 and then continue falling to reach the support at 1/8. However, this scenario may no longer be valid if the price breaks 4/8 to the upside. After that, the instrument may continue growing towards the resistance at 5/8.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Japanese Candlesticks Analysis 16.10.2020 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, the downtrend continues. Right now, after forming several reversal patterns, such as Hanging Man, close to the channel’s upside border, EURUSD is reversing and forming another correction before further decline. In this case, the downside target may be the next support level at 1.1615. At the same time, an alternative scenario says that the instrument may grow to reach 1.1815 before resuming the downtrend.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Ichimoku Cloud Analysis 19.10.2020 (USDJPY, EURGBP, BTCUSD)

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is trading at 105.40; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 105.55 and then resume moving downwards to reach 104.30. Another signal in favor of further downtrend will be a rebound from the rising channel’s downside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 105.95. In this case, the pair may continue growing towards 106.85.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Fibonacci Retracements Analysis 20.10.2020 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, the previous descending correctional wave has failed to reach 38.2% fibo and, as a result, a new rising wave may update both the short-term and the key (1.2011) highs. After breaking them, the pair may continue growing towards the long-term 76.0% fibo at 1.2094. However, an alternative scenario implies that EURUSD may rebound from the mid-term 61.8% fibo and resume falling to reach 38.2% and 50.0% fibo at 1.1520 and 1.1368 respectively.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Forex Technical Analysis & Forecast 21.10.2020

EURUSD, “Euro vs US Dollar”

After choosing an alternative scenario and reaching 1.1844, EURUSD is expected to form a new consolidation range above 1.1800. If later the price breaks this range to the downside, the market may start a new decline to reach 1.1760, return to 1.1800 to test it from below, and then resume trading downwards with the target at 1.1700; if to the upside – extend this ascending structure towards 1.1877.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Murrey Math Lines 22.10.2020 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is moving below the 200-day Moving Average, thus indicating a descending tendency. However, yesterday the pair rebounded from the strong support at 0/8. In this case, the price is expected to correct upwards and reach 3/8. Still, this scenario may no longer be valid if the price breaks 0/8 to the downside. After that, the instrument may continue falling towards the support at -1/8.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Japanese Candlesticks Analysis 23.10.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the correction within the descending tendency continues. Right now, after re-testing the resistance area and forming several reversal patterns, such as Harami, USDCAD is expected to reverse and fall towards 1.3040. However, an alternative scenario implies that the price may return to the resistance area at 1.3245 before resuming the downtrend.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Forex Technical Analysis & Forecast 26.10.2020

EURUSD, “Euro vs US Dollar”

After finishing the correction at 1.1864, EURUSD is falling to reach 1.1818 and may later form one more ascending structure towards 1.1839. After that, the instrument may resume trading downwards to break 1.1772 and then continue falling with the target at 1.1688.



Read more -
 
RF roboforex

RF roboforex

Guest
Aug 6, 2019
300
Points
259
Fibonacci Retracements Analysis 27.10.2020 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, EURUSD continues forming the rising wave. The closest upside target may be the high at 1.2011, a breakout of which may result in further growth towards the long-term 76.0% fibo at 1.2094. However, more significant targets may be inside the post-correctional extension area between 138.2% and 161.8% fibo at 1.2163 and 1.2256 respectively. But there is an alternative scenario, which says the asset may break the fractal support at 1.1612 and then continue falling to reach 38.2% and 50.0% fibo at 1.1520 and 1.1368 respectively.



Read more -
 

Rules Help Users

You haven't joined any rooms.

    You haven't joined any rooms.
    Forgot your password?